EURUSD - Trends, Forecasts and Implications (Part 2) - page 303
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So, today we seem to pass through the selling zone without much price reduction. Tomorrow it will probably be possible to buy again, depending on the situation.
I see people are not afraid of slumps, probably everyone is waiting till the last moment :)
It fits very well, no matter gold, sugar or currency.
Doesn't matter - you said it well. Just like Niroba. They are fundamentally different assets, they cannot move in the same way.
That way you can apply wave theory to the movements of stars too.
Superficial opinion - the price of gold is secondary, dependent on the most different situations of different currencies. It has almost no intrinsic value, the price is completely abstract. Some of movements, that are in currencies, are not reflected on gold. Consequently, approach to gold should be completely different, than to currencies. Say, if we trade levels in currencies, then we should trade gold movements, but not levels. How you think to apply wave theory there, I have no idea.
Roughly speaking, this is how you see it from here on. And you can apply it not only to the stars, look, today you got drunk, and tomorrow a correction:)))
Roughly speaking, this is how you see it from here on out. And you can apply not only to the stars, look, get drunk today and correct tomorrow:)))
So, roughly speaking, gold should be traded on the trend? In a correction you can lose your trousers.
So, today we seem to pass through the selling zone without much price reduction. Tomorrow we could probably buy again, depending on the situation.
I see people are not afraid of drawdowns, probably everyone is waiting till the last moment :)
I have, for example, 2 orders in +, one of them is big, 1 is at zero, two small ones, which I opened first, are in deficit, I can close all of them in +, but I am waiting for the logical upward movement.
Nah, three on the plus side, missed something :)))
No change in trades until the close of the Americas
Previous trades:
Another thing that is troubling is that as I recall, the dollar is pegged to gold.
Are they all extinct or what?))
http://forextools.com.ua/analyse/trendstat.html
I don't think it's the right one, but it was on my mind.
http://forextools.com.ua/analyse/trendstat.html